Plan Ledger DOL Form 5500 · updated monthly

Elder Research, Inc.401(k)

ELDER RESEARCH, INC. 401(K) PROFIT SHARING PLAN · CHARLOTTESVILLE, VA · plan year 2024

Reported admin expense ratio · 2024
0.13%

Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works

Elder Research, Inc. reported $16,331 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $3,685 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 1 year on file its reported administrative ratio rose from 0.12% to 0.13%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in Virginia (1,203rd of 2,266), and 1,235th of 2,199 in information & media. In 2024, employees put in $2.87 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,686,956
Participants with balances182
Active participants153
Employer contributions$563,738
Employee contributions$1,620,096
Employer contribution per active participant$3,685
Average account balance$80,698
Benefits paid to participants$726,221
Plan auditUnmodified (clean) audit opinion
AuditorDAVIDSON DOYLE AND HILTON LLP
Plan history2
Yearassets · accounts · employer contribution
2024$14.7M · 182 accts · $564K emplr
2023$10.5M · 152 accts · $451K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,964
Investment management$367
Total administrative$16,331
The Elder Research, Inc. 401(k) match · 2024
Employer contribution per active participant$3,685
Median for plans this size$2,416
2024$3,685 per active participant
2023$3,494 per active participant

Elder Research, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$15,964
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$367

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history2
2024$16,331 · 0.13%
2023$10,921 · 0.12%
Same employer
Similar plansInformation & Media · Virginia
Interos Inc. VA$16.4M · 0.21%
Tucows (Delaware) Inc. VA$16.3M · 0.58%
Babel Street, Inc. VA$15.8M · 0.53%
Seekr Technologies, Inc. VA$14.3M · 0.06%
Aptara Inc. VA$13.2M · 0.48%
Liscr, LLC VA$13.1M · 0.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 300000656 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.